22811 Vermont St - Apartments FOR SALE
Hayward, CA 94541 |
22811 Vermont St
Hayward, CA 94541
HIGHLIGHTS
- First Time Offering: Vermont Hills is being offered to the open market for the first time since its original construction in 1986
- Interior Renovation Potential: Market data suggests that an extensive renovation program would result in $300 to $500 in rental upside
- Spacious Homes in Low-Density Community: All the 2-bedroom homes at Vermont Hills offer extensive balconies
- Low-Hanging Fruit with Additional Revenue: New ownership can immediately implement a RUBs system
- Opportunity for In-Unit Laundry: The large floorplans offer opportunities to add in-unit laundry to the remaining ~25% of units
- Exceptional Operations: The property has been operating at nearly 100% occupancy during the trailing 12 months with minimal collection delinquency
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Vermont Hills Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
67182
STORIES
2
YEAR BUILT
1986
PARKING SPACES
238
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
416-0220-013-00
